Wholesale of pharmaceutical and medical goods
20 companies file their annual accounts outside the standard format, for example in a sector format. Their figures and staff are missing from the employment, the medians and the largest employers.
Show the 20 companies
- ASPEN PHARMA IRELAND LTD
- Becton, Dickinson B.V.
- CANDULOR DENTAL GmbH
- DEFIBRION BV
- De Soutter Medical Ltd
- eisai manufacturing ltd
- ENDOLOGIX INTERNATIONAL B.V.
- Galderma Benelux B.V.
- Heraeus Nederland B.V.
- HOLLISTER FRANCE INC.
- insulet netherlands bv
- Jeol (Europe) B.V. KANTOOR Brussel, bijkantoor van Jeol (Europe) B.V.
- LIFE TECHNOLOGIES EUROPE B.V.
- Medela Benelux B.V.
- NODIA BV
- Oxford Nanopore Technologies PLC
- Pentax Nederland B.V.
- QIAGEN BENELUX B.V.
- ResMed EPN LTD
- SINCLAIR PHARMACEUTICALS LTD
Filed accounts
NACE 46460 · financial year 2025 · 1,076 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 40.6% | 40.9% | 41.8% | 40.8% | 40.7% | 42.2% |
| Median net result | €63,779 | €78,126 | €66,574 | €54,557 | €63,822 | €69,694 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 07-10-2026 | CTL Lab Belgium
BE 0666.691.490 |
| 02-07-2026 | AGRIZO
BE 0871.883.312 |
| 12-06-2026 | GREEN GROWN RETAIL STORES
BE 0728.489.893 |
| 23-03-2026 | A&M INTERNATIONAL TRADING & CONSULTING
BE 0765.691.868 |
| 28-01-2026 | KAPCARE
BE 0680.977.810 |
| 24-12-2025 | OXYPOINT
BE 0832.604.943 |
| 10-12-2025 | ANS
BE 0779.787.948 |
| 20-11-2024 | Qvella Corporation Belgium
BE 0742.829.760 |
Spread across the country
by region and province · 1,833 of 1,864 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 46 on the map, by municipality and down to the address
Largest employers
NACE 46460 as first main activity · staff from the latest accounts- 1 UCB PHARMAAnderlecht 1,961 FTEfinancial year 2025
- 2 FEBELCOSint-Niklaas 948 FTEfinancial year 2025
- 3 TERUMO EUROPELeuven 721 FTEfinancial year 2026
- 4 BECTON DICKINSON DISTRIBUTION CENTERTemse 475 FTEfinancial year 2023
- 5 VWR INTERNATIONALLeuven 461 FTEfinancial year 2022
Joint committees
from the latest accounts of 634 companies- 200 Auxiliary committee for white-collar workers 396
- 207 White-collar workers in the chemical industry 132
- 100 Auxiliary committee for blue-collar workers 69
- 116 Chemical industry 46
- 149.04 Metal trade 26
- 321 Wholesale distributors of medicines 22
- 201 Independent retail 19
- 313 Pharmacies and pricing offices 18
Show the 12 others
- 340 Orthopaedic technologies 10
- 149.01 Electricians: installation and distribution 9
- 226 White-collar workers in international trade, transport and logistics 7
- 209 White-collar workers in metal manufacturing 5
- 149 Sectors related to metal, mechanical and electrical engineering 4
- 111 Metal, mechanical and electrical engineering 3
- 119 Food trade 3
- 314 Hairdressing and beauty care 3
- 140.03 Road transport and logistics for third parties 2
- 330.03 Health institutions and services 2
- 330.04 Health institutions and services 2
- 109 Clothing and garment industry 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 46: Wholesale trade
Related activities
27 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Wholesale of clothing, excluding workwear and underwear46423 | 1,263 | 50 | 11 | 5,432 |
| Wholesale of other household goods46499 | 1,144 | 32 | 4 | 2,223 |
| Wholesale of electrical household appliances and audio-video equipment46431 | 963 | 35 | 10 | 3,564 |
| Wholesale of perfume and cosmetics46450 | 774 | 41 | 5 | 2,584 |
| Wholesale of household textiles and bedding46412 | 667 | 7 | 5 | 1,696 |
| Wholesale of non-electrical household articles46494 | 661 | 9 | 9 | 2,364 |
Show all 27 activities
| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Wholesale trade46496 | 567 | 16 | 6 | 3,188 |
| Wholesale trade46480 | 550 | 16 | 1 | 486 |
| Wholesale trade46442 | 463 | 16 | 4 | 1,983 |
| Wholesale trade46492 | 325 | 6 | 3 | 1,490 |
| Wholesale trade46471 | 323 | 16 | 7 | 787 |
| Wholesale trade46474 | 266 | 9 | 1 | 477 |
| Wholesale trade46419 | 231 | 12 | 4 | 244 |
| Wholesale trade46497 | 226 | 21 | 0 | 336 |
| Wholesale trade46432 | 222 | 4 | 2 | 1,140 |
| Wholesale trade46495 | 202 | 9 | 4 | 264 |
| Wholesale trade46425 | 192 | 2 | 0 | 425 |
| Wholesale trade46421 | 191 | 9 | 0 | 378 |
| Wholesale trade46493 | 190 | 13 | 1 | 643 |
| Wholesale trade46411 | 180 | 8 | 4 | 317 |
| Wholesale trade46491 | 161 | 6 | 1 | 867 |
| Wholesale trade46472 | 130 | 3 | 1 | 184 |
| Wholesale trade46498 | 114 | 3 | 2 | 738 |
| Wholesale trade46424 | 94 | 7 | 1 | 73 |
| Wholesale trade46473 | 64 | 2 | 1 | 68 |
| Wholesale trade46441 | 60 | 1 | 0 | 76 |
| Wholesale trade46422 | 41 | 1 | 1 | 40 |
Bankruptcies per year in division 46
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 803 | 710 | 738 | 687 | 722 | 486 | 417 | 583 | 541 | 625 | 634 | 425 |
| Jobs lost | 1,629 | 1,655 | 1,361 | 1,216 | 1,240 | 1,054 | 890 | 1,029 | 935 | 1,383 | 1,271 | 931 |
2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.
Staff cost per FTE in NACE division 46
9,639 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €60,500 | €47,700 to €78,600 | 6,072 |
| 10 to 49 FTE | €70,000 | €57,700 to €89,100 | 2,910 |
| 50 to 249 FTE | €84,000 | €67,400 to €119,200 | 558 |
| 250 FTE or more | €80,100 | €64,800 to €98,300 | 99 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Running bankruptcies in the sector
NACE division 46Measured nationally: Of 108,562 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn. After five years, 20% were still open. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).
This counts companies with this main activity in the register on 6 November 2026. The outcome itself is not measured by sector. The activity of a company that leaves the register after its bankruptcy is too often not kept to compare closed cases fairly.
Foreign control in NACE division 46
45,472 registered companiesMain parent countries: Netherlands (206), Germany (128) and France (118).Show on the map by municipality
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €266.7m awarded
- Federal transfers 21.5m amount as published
- Wallonia-Brussels Federation €1.3m paid
- EU budget €531.5m attributed share
- EU research €52.9m EU contribution
Insights on Wholesale of pharmaceutical and medical goods
Balance sheet and result. The median net result of €69,694 is above Belgium's €16,520. 9.3% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 13.1% is below Belgium's 15.9%.
Bankruptcies. In 12 months, 3.8 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 53% of the 88 NACE divisions. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.
Inflow and structure. 1.4% of the companies are sole traders, against 41.6% in Belgium. Half of the companies are younger than 14.9 years, against 8.1 years in Belgium. In 12 months, 4.4 of 100 companies started, against 8.9 in Belgium. That is fewer than in 75% of the 87 NACE divisions.
Staff and filing. 34.3% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 4,566 of the 17,386 FTE: 26.3%.
Direction. Median solvency rose from 40.6% in financial year 2020 to 42.2% in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 05:30.
Method and sources
Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 46460 exists.
The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.
The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 registrations publish no activity.
Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.